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Though both land and capital are scarce, there is a basic difference between the two factors of production. _________is a natural resource, whereas ________ is man-made.help me |
Answer» They belong to either landless families or small FARMERS . THEREFORE, capital too is a scarce factor of PRODUCTION ,particularly for the small farmers. Though both land and capital are scarce, there is a basic difference between the two factors of production. Land is a natural RESOURCE, whereas Capital is man-made Explanation: |
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